The wiser choice to Singapore property investment
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By many accounts, Singapore is renowned as being one of the most liveable cities for expats from all over the world. The perfect combination of pulling factors include good infrastructure, a low crime rate, high-quality healthcare and education systems, as well as a large expatriate population already living in the city.
Expats have always played an important role in the Singapore rental market. As the city-state’s position as Asia’s financial and innovation hub continues to strengthen, in large part driven by the strong growth of Asean nations and in part the US-China trade war, the demand for rental homes is expected to increase.
Compared to Hong Kong, however, Singapore’s property market is less speculative in nature and is typically viewed as a long-term investment owing to a stable market environment, a transparent, clear and consistent housing policy, and a well-planned land supply pipeline supported by infrastructure and services.
As with all property investments, Hong Kong investors looking to purchase an investment property in Singapore should look for properties with attributes that potential tenants desire. Among them, a convenient location with comprehensive transport links enabling easy access to other major commercial districts and within easy reach of shopping centres, healthcare, leisure and entertainment will definitely achieve a premium rental yield. A good school catchment area and proximity to international schools should result in strong demand from families with children, especially those relocating from abroad.
Location, location, location: It matters the most
Considering that real estate investment boils down to location, location, location, and Park Colonial is unsurpassed in this regard.
The development enjoys the best of connectivity with Woodleigh MRT (NEL) being right at its doorstep and Serangoon MRT (NEL/CCL) interchange station is just one stop away. It takes just five stops to get to Orchard Road via Dhoby Ghaut interchange. Through the nearby Pan-Island Expressway and Central Expressway, the rest of the island is also within minutes’ reach.
Park Colonial is adjacent to the upcoming Bidadari Township, a 93-ha master-planned community that includes 11,000 homes, transport infrastructure upgrades, commercial and retail components as well as open spaces and parks.
Access to top schools
For families with children, Park Colonial is ideally located close to many prestigious schools such as Maris Stella High School, Cedar Girls Secondary School, St Andrew’s Secondary School and St Andrew’s Junior College.
The new Braddell Road campus for Raffles Girls’ School, which will be officially launched in October 2019, will be within an eight minutes’ drive. Moreover, investors seeking to rent the property to an expat family will be happy to note that the Stamford American International School is just opposite the development, while the Australian International School is just a 6 minutes’ drive away.
Fantastic leisure and shopping
When it comes to leisure, the upcoming Bidadari Park, scheduled to be fully completed by 2022, will form a “green lung” in the upcoming Bidadari estate to provide a lake, a heritage walk, experiential trails and a play area for children. The Singapore Island Country Club, Kallang Park Connector and Bishan-Ang Mo Kio Park are all within the vicinity for those seeking to revel in Mother Nature’s gifts.
A dazzling selection of shopping and dining possibilities are offered by multiple shopping and dining facilities nearby, such as the NEX shopping mall, Chomp Chomp Food Centre, and myVillage @ Serangoon Gardens. In addition, the Woodleigh Mall, located just opposite Park Colonial, providing about 300,000 sq ft of retail space will be open around the third quarter of 2022.
Classic homes that never go out of style
Whether you are buying an apartment for self-occupation or as a rental investment, Park Colonial’s timeless design that pays homage to the rich 200-year-old colonial heritage of Singapore never goes out of style. When Park Colonial completes in 2022, residents will get to relive that grandeur each day in a modern setting, right at home.
Park Colonial is an upscale residential development comprising of six 14- and 15-storey blocks with 805 units in total. The condo's sizes start from 463 square feet up to 1,712 square feet, with 1 bedroom to 5 bedrooms; ensuring that there’s a suitable unit for singles, young couples or even families with kids.
Each home will be fitted with quality Bosch and Whirlpool appliances, Roca sanitary wares and Grohe sanitary fittings. No needs are left unmet, with personal concierge services from laundry, home cleaning to pet grooming, all available right at home. Smart home features and a smart parcel station within the development will declutter the busyness of modern living and open up room to truly live.
Home sweet home
Designed by ADDP Architects, Park Colonial will have its very own 10-metre high, glass-clad private clubhouse The Colonial Club; as well as lush green spaces like an outdoor courtyard with an English Breakfast Garden and a Tea House.
Filled with grandeur, the impressive arrival lobby at Park Colonial exudes a sense of warmth and exclusivity making your guests feel instantly welcome. Residents will also be able enjoy a relaxing session in the Waterfall Massage Pool, Cantilevered Lap Pool or the serene Sensory Spa Pavilion; and bask in family fun with the Kids Playhouse, Kids Water Play and Adventure Park.
Rental income vs capital appreciation: Why not both?
As opposed to most investors who typically invest in Singapore properties located in the Core Central Region, Park Colonial at the city-fringe truly presents a wise investment opportunity for those in the know. Besides the potential for capital appreciation from the transformation of the Bidadari Township, its exceptional location ticks all the boxes for tenants looking for an ideal home to rent.